The Crash | Clipmarks


	The Crash

bookwormy

10-28-2009 1:35 PM

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bookwormy says:

80 years later, could it happen again?
(Note: Don't say it happened in the 1980's. That wasn't a crash, exactly)

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10-28-2009 2:35 PM

googleit

YES!

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/9750cdfa-e842-4ffb-a07a-9bf0ff07ac15/326B5132-0205-491A-9072-C85497498FC7/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.azstarnet.com/sn/printDS/45484" href="http://www.azstarnet.com/sn/printDS/45484" style="font-size: 11px;">www.azstarnet.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.azstarnet.com/sn/printDS/45484"><DIV class="storyheadline">The crash : October 28-29, 1929</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.azstarnet.com/sn/printDS/45484"><DIV class="storybytitle"><I>THE ASSOCIATED PRESS </I></DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.azstarnet.com/sn/printDS/45484"><DIV class="bodyspacer"></DIV>
With more people in the stock market than ever before, nobody seemed to pay much attention to the bad news that cropped up throughout 1929. Individual investors were buying stocks on margin, speculators drove up prices and the government had a hands-off policy on the economy. <DIV class="bodyspacer"> </DIV>
The resulting crash on Oct. 28-29, 1929, drove the Dow Jones industrials down 23.9 percent, sparking a panic that helped sink the nation into the Great Depression. <DIV class="bodyspacer"> </DIV>
Seventy-five years later, although Wall Street recovered not only from that crash but subsequent precipitous declines, the question lingers: Can 1929 happen again? </blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/326B5132-0205-491A-9072-C85497498FC7/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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